In a recent post on X, influential YouTuber and crypto expert 24HrsCrypto (@24hrscrypto) shared his optimistic prediction for XRP, suggesting that the asset could reach $100 by 2030, if not sooner. He referenced his recent video discussing how XRP could achieve this goal.
Citing recent developments and institutional endorsements, he discussed XRP’s potential to play a crucial role in the next wave of digital finance, especially compared to Bitcoin, which he views as limited in real-world utility.
24HrsCrypto began by referring to a recent 31-page European Central Bank (ECB) report, which he described as “remarkable” and a significant indicator of XRP’s future. He believes the report references XRP’s integration with institutional and regulatory systems. This would be a notable shift toward digital assets that provide actual utility.
He contrasted this with Bitcoin, which he argued lacks practical use beyond speculative trading. Experts have speculated that XRP can surpass Bitcoin. He explained that its design as a private settlement asset aligns well with current needs for efficient cross-border payments, potentially making it the asset of choice for financial institutions worldwide.
Here’s How XRP Can Beat Bitcoin
The influencer noted that prominent figures like Christine Lagarde, President of the ECB, have played essential roles in promoting digital assets with substantial economic relevance.
He referenced Lagarde’s transition from managing director of the International Monetary Fund to leading the ECB and previous endorsements of distributed ledger technology for its ability to shake the system of traditional finance.
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He suggested that such high-level support signifies an official inclination toward XRP and Ripple’s technology as a solution to streamline international financial systems.
Another key figure in his analysis was Ulrich Bindseil, Director General of the ECB’s Market Infrastructure and Payments, who is also Chair of the Cross-Border Payments Interoperability Group, in which Ripple is actively involved.
The ECB report, 24HrsCrypto explained, indicates that XRP’s potential as a private settlement asset positions it uniquely for roles that Bitcoin, in its current speculative form, cannot fulfill. According to the report, Bitcoin’s value relies largely on market enthusiasm rather than practical applications, which could make it vulnerable to market instability.
Further, he pointed out the ECB’s observation that Bitcoin does not contribute to the economy’s productive potential, calling it a bubble, much like past speculative frenzies.
XRP, on the other hand, aligns with regulatory standards and provides actual economic activity through the RippleNet network, a framework financial institutions use to perform transactions more cost-effectively.
At press time, XRP traded at $0.7064, showing a 13.74% increase over the past 24 hours, finally capitalizing on the market’s rise and showing notable bullish momentum.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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